'RIP MARMITE'

Mondelez insisted: “We comply with all applicable tax legislation in the UK.”

SAMSUNG LOSSES DOUBLE

SAMSUNG’S “exploding” smartphone will cost it at least £4.4billion — more than twice what it forecast on Wednesday.

The South Korean tech giant first said withdrawing its flagship ­Galaxy Note 7 would hit profits in its latest three-month trading period by £1.9billion. But yesterday it admitted it expects to lose another £2.5billion in the next quarter too.

This does not include the hits to its share price and reputation.

Samsung says it has enough cash to absorb the shock and aims to sell more of its Galaxy S7 and Galaxy S7 Edge models to compensate.